20106 2nd Ave E Spanaway, WA 98387
Spanaway AreaEstimated payment $3,116/month
Highlights
- 1.43 Acre Lot
- Wood Siding
- 1-Story Property
- No HOA
About This Home
Investor Opportunity – Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2546792
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,131
Year Built
- Built in 1978
Home Design
- Flat Roof Shape
- Composition Roof
- Wood Siding
- Wood Composite
Additional Features
- 1-Story Property
- 1.43 Acre Lot
- Septic Tank
Community Details
- No Home Owners Association
- Spanaway Subdivision
Listing and Financial Details
- Assessor Parcel Number 0318044037
Map
Home Values in the Area
Average Home Value in this Area
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2546792
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.